Page 2 - Industry News

Indian startups to boost hiring by 20-30% in 2025 as funding improves

Indian startups are set to ramp up hiring by 20-30 per cent in 2025 as funding improves, reversing a prolonged slowdown. Layoffs dropped 46 per cent YoY in 2024, signalling sector recovery

Silver lining: How senior living market is redefining retirement in India

The first of a four-part series on the silver economy focuses on luxury housing projects developed with seniors in mind

IMFA partners with JSW Green Energy for renewable power in smelting ops

The company also mentioned that it is setting up a 1 lakh tonne per annum greenfield facility at Kalinganagar, Odisha, to augment its ferrochrome production in line with increasing demand.

The influencer economy: Macro, micro, and nano world of influencers

The concluding part of the two-part influencer economy series delves into How marketers can use influencers for a brand and what the challenges are

Hotel rates hit all-time high in 2024, driven by domestic tourism, weddings

In all, India's metro cities remain the strongest hotel markets, and the strong rate growth experienced last year was largely driven by these markets

Govt releases Rs 331.8 cr under PLIs; Jabil Circuit, Nokia receive the most

It is followed by Nokia Solutions and Networks India Pvt Ltd that has received incentives of Rs 46.92 cr, Tejas Networks Rs 32.66 cr, Flextronics Technologies (India) Rs 30.6 cr

Commerce dept examining 'unusual' surge of 331% in gold imports in Nov

Trade data released on Monday showed that India's trade deficit reached a fresh high of $37.8 billion in November, driven by a surge in merchandise imports

Govt to streamline regulatory framework for bakery-confectionery industry

During an interactive session with industry leaders, key focus areas emerged, including regulatory simplification, sustainability, and innovation

Tourism minister to meet FM seeking 'infrastructure' status for his sector

The sector has long been demanding infrastructure status, which will help it avail debt at a lower cost and boost reinvestment of profits within the industry

Come 2025 and you may be able to use UPI in 6 more countries in the world

NPCI is looking to go live with UPI in geographies relevant to Indian tourists, such as Qatar, Thailand, and the broader Southeast Asian region

Solar sector deals likely to pick pace in 2025, say industry officials

Analysts say recent buoyancy in the IPO market also helping fuel higher buyer interest for solar assets

Hospitality CEOs raise demands of infra status, increasing marketing spends

Infrastructure status and easing taxation have been a long-standing demand of the sector

Bureau secures $30 m in Series B funding to combat growing cyber fraud

With global fraud losses surging past $5 trillion annually-a staggering 56 per cent increase in the past decade-the demand for advanced fraud prevention has never been more critical

GST on betting: Indian gaming industry faces tax demands by Feb 2025

While some firms have already received tax demands, gaming industry bodies are lobbying to prevent aggressive enforcement actions until the Supreme Court resolves the matter

Siemens Gamesa sells power electronics biz to ABB for undisclosed amount

The business designs and manufactures converters, inverters and control cabinets for wind, solar and storage industries

Investment summit, events keep hotel industry happily busy in Rajasthan

There are more than 2,500 big and small hotels in Jaipur

Gem, jewellery exports drop 12.9% in Nov amid geopolitical tension: GJEPC

However, the plain gold jewellery exports grew 72.12 per cent to USD 652.81 in November as compared to USD 379.27 million in the same period of the previous year

Financial fraud up as 59% of Indian firms faced crimes in past two years

Indian companies reported a higher exposure to fraud (59 per cent) than the global average (41 per cent), with procurement fraud emerging as the top concern and forced labour risks

Focus on trade infra, MSMEs to help India double share in global trade: CII

Chairman of the CII national committee on EXIM Sanjay Budhia said that the chamber is committed to working closely with the government to address critical challenges which hinder manufacturing

Real estate attracts $8.87 bn institutional investments in 2024: Report

Foreign institutional investors accounted for 63 per cent of the total institutional investments in Indian real estate